Today: 2021-10-26 Disclaimer: This is not a financial advice

Is it a Good Time to Buy Ravencoin Right Now?

Current Price
$0.11983
All Time High: $0.285218

Ravencoin is down -58.02025% from its highest price on 2021-02-20.

3/5
Avarage Daily Volume: $50,267,463.00

Ravencoin has a daily trading volume of $50,267,463.00 which it will make it super easy for you to sell your holdings of Ravencoin

Community

Ravencoin has 147695 total followers in all its social media accounts.

4/5
Exchanges

Ravencoin is listed on 76 exchanges

5/5
Price Potential

Ravencoin price value has the potential to increase to $7.84 in the next crypto bull run.
Which may take up to 5 years from now.

Overall Score

Our algorithm believes it's So Good time to invest in Ravencoin right now. We give it all overscore of

3.75/5

Do you think it's a good time to buy Ravencoin right now?

Yea Nay


Be the first to vote for this coin!

Summary of Ravencoin(RVN):

Ravencoin(RVN) today price is $0.11983, which is down -58.02025% from it's all time high. The avarage daily volume is $50,267,463.00 and you can trade Ravencoin on 76 exchanges.

147695 people are following Ravencoin in all social media accounts.

Our algorithm believes it's So Good time to invest in Ravencoin with confident score of 3.75 out of 5.

What is Ravencoin(RVN)?

Ravencoin is a blockchain specifically dedicated to the creation and peer-to-peer transfer of assets. Just as Monero is solely focused on privacy, Ravencoin specializes in asset transfer – nothing more, nothing less. Although you can exchange assets over other blockchains, like Bitcoin and Ethereum, that’s not their intended purpose. And the lack of specialization leads to problems that are specific to transferring assets. Ravencoin enables you to create and trade any real-world (e.g., gold bars, land deeds) or digital (e.g., gaming items, software licenses) assets on a network with only that in mind. Ravencoin doesn’t have an established team. It’s an open-source project led by the core developers: RavoncoinDev, Tron, and Chatturga (discord usernames). Bruce Fenton, Board Member of The Bitcoin Foundation, advises the team. The core developers launched Ravencoin on January 3rd, 2018 and Fenton kicked off the launch with a Tweet announcing the start of mining. The project gained some notoriety when Overstock CEO Patrick Byrne announced that his company had made a multi-million dollar investment into the team. Since then, the team has been building out the core functionality of asset support and rewards capabilities. The release of the Ravencoin mainnet and increase in activity on the platform should help the price. Any news of notable companies or financial institutions utilizing the platform should also have a positive effect. Ravencoin offers just one thing: tokenized asset transfer. And that singular focus isn’t a bad thing. When projects attempt to solve a bunch of problems at once, they often create a bunch of half-baked solutions. Ravencoin is avoiding that. As a young project with seemingly endless competition, it’s difficult to predict how successful Ravencoin will be. An active community and backing from one of the most respected names in online retail are positive indicators, though. There’s a clear trend toward the tokenization of all types of assets. However, we have yet to see whether or not Ravencoin will be leading that change.